---
schema_version: "secwatch.filing_event.v1"
accession: "0002007855-25-000056"
form_type: "8-K"
ticker: "VG"
cik: "0002007855"
company_name: "Venture Global, Inc."
filed_at: "2025-09-29T23:59:59+00:00"
generated_at: "2026-05-17T05:27:53.807883+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Venture Global JV Blackfin secures $1.55B credit facilities for Texas pipeline

## Summary
- Blackfin Pipeline LLC (VG JV with WhiteWater) entered up to $1.55B facilities: $1.05B TLB, $425M TLA, $75M revolver.
- Proceeds fund a 3.3 Bcf/d natural gas pipeline from Colorado to Jasper County, Texas, plus reimburse affiliates for prior costs.
- TLB fully drawn at close, matures Sept 29, 2032; TLA & revolver mature Sept 29, 2030.
- Facilities secured by first-priority lien on substantially all assets of guarantors and equity of borrower.

## SEC filing metadata
- accession: 0002007855-25-000056
- form_type: 8-K
- ticker: VG
- cik: 0002007855
- company_name: Venture Global, Inc.
- filed_at: 2025-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/0002007855-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/vg-20250929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002007855-25-000056
- JSON: https://secwatch.observer/filing/0002007855-25-000056.json
- Plain text: https://secwatch.observer/filing/0002007855-25-000056.txt

## Key facts
- Debt Financings
  Venture Global, Inc. incurred credit facility of $1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa with WhiteWater Development LLC at Term SOFR plus an agreed margin, or Base Rate plus an agreed margin maturing TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030.
  - Instrument: credit facility
  - Principal: $1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa
  - Counterparty: WhiteWater Development LLC
  - Rate: Term SOFR plus an agreed margin, or Base Rate plus an agreed margin
  - Maturity: TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030
  - Event: incurrence
  source text: On September 29, 2025 (the “Closing Date”), Blackfin Pipeline, LLC (“Borrower”), a joint venture between Venture Global, Inc. (the “Company”) and WhiteWater Development LLC, entered into senior secured credit facilities in an aggregate amount up to $1.550 billion, consisting of (i) a term loan facility in an initial principal amount equal to $1.050 billion (the “TLB Facility”), (ii) a delayed draw, construction loan facility, convertible to a term loan facility, in an initial principal amount up to $425 million (the “TLA Facility”) and (iii) a revolving loan and letter of credit facility of up to $75 million (the “Revolving Facility” and, together with the TLB Facility and the TLA Facility, the “Senior Secured Credit Facilities”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/0002007855-25-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.